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Cost Management

Activity Cost Estimates and Basis of Estimates

https://youtu.be/t6A8eaBzFpY The outputs of the Estimate Costs Process are Activity Cost Estimates and Basis of Estimates. Ofcourse to reach to…

PMP vs CSM | Which certification offers better salaries?

https://youtu.be/IrkcLKYI9TY We all know how important a salary survey is. While we have covered PMI Salary Survey in the past,…

Lifecycle Costing and Depreciation

https://youtu.be/GWSdJOlkWaA We have previously discussed several concepts related to Project Selection (listed here) and Lifecycle Costing and Depreciation are two…

Types of Cost Estimates

https://youtu.be/XaSdQ1fHOmk So how do you think are cost estimates provided? Is it a single number or a range? Do you…

5 more Tools and Techniques of Estimate Costs process

https://youtu.be/9T_U0CvTxWM We have already covered several Tools and Techniques of the Estimate Costs process. To be more specific they are…

Where does the money for Change Requests come from?

https://youtu.be/Tg96Y6oHdVk You have a project budget in place. And then comes the Change Request. Who pays for it? Does the…

Top Down and Bottom Up Estimating

https://youtu.be/nTJ1WrLjnew After the Estimate Costs process, it is important to understand the Tools and Techniques of estimation. Have you checked…

Estimate Costs Process

https://youtu.be/q_99Fmkl4Yw Estimate Costs process is exactly what you can think of when you read 'Estimate Costs'! This is the second…

Plan Cost Management Process

https://youtu.be/-t4EES2SKew If you come to the Plan Cost Management process after going over the processes of the previous knowledge areas…

Cost Management – The Basics

https://youtu.be/t7uiUcMarA8 As they say, "Its all about the money, honey." If you look at it, all projects boil down to…